We use cookies to ensure we give you the best experience on our website. You can find out about our cookies and how to disable cookies in our Privacy Policy. If you continue to use this website without disabling cookies, we will assume you are happy to receive them. Close.

In a surprising twist to the debate, in March 2019, housebuilder Persimmon announced it would allow homebuyers to hold back retentions until snagging issues are dealt with, to improve its reputation for quality and customer care.

On 27 February 2020, in a debate in the House of Commons, in what has been seen as a backward step, Minister for Business and Industry Nadhim Zahawi siad: "It is important that any action we take is robust, proportionate and evidence based, which is where we are at the moment. Several policy options are under consideration, including the retention deposit scheme. It would be premature to commit to anything at this stage while several policy options are under consideration."